Description
WISE INVESTOR ALERT: Multifamily Tax Exempt Area (MFTE) allows for exemptions from ad valorem property taxation for 8, 12, and up to 20 years with the possibility of extensions, resulting in significant cost savings for the investor. The MU Zoning suggests significant development potential allowing for buildings of 4 to 6 stories. The approach of the light rail extension can enhance the value of the property appealing to potential tenants prioritizing easy access to transit options.
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The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2022 NWMLS. Updated: 2nd December, 2023 9:45 AM (UTC)
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Listing Office: Windermere R.E. Shoreline
